What Is It and Why Does It Matter?
The Minnesota Department of Management and Budget (MMB) prepares formal forecasts of state revenues and expenditures in November and February each year, which policymakers use to set the...more
With 16 days left in the session, the Minnesota Legislature and Governor Dayton are turning their attention to reaching agreements on tax, bonding and supplemental budget bills. The House passed the last in a series of...more
With three weeks left of session, lawmakers have picked up the pace to get their work done. On Thursday, the Senate passed their supplemental budget bill off the Senate Floor and the House passed the education portion of...more
The Minnesota House and Senate spent most of this week moving omnibus finance bills through committee. Committees held day and evening meetings to allow time for public testimony and amendments and to ensure that the third...more
The Legislature wrapped up the fourth week of a 13-week session. With one week until the first committee deadline, committees in both bodies have kept busy hearing policy bills, often into the evening. Bill introductions in...more
The 2018 Legislative Session begins next week, on Tuesday, February 20. If the interim was any indication, this session is likely to be challenging and fraught with controversy.
At the end of last session, Governor Mark...more
Since the enactment of the Tax Cuts and Jobs Act (TCJA), Minnesota’s Department of Revenue (DOR) has been analyzing what the TCJA will mean for Minnesota. The TCJA marks the most significant changes to the Internal Revenue...more
2/8/2018
/ Alternative Minimum Tax ,
Corporate Taxes ,
Income Taxes ,
International Tax Issues ,
Itemized Deductions ,
Pass-Through Entities ,
Property Tax ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Rates ,
Tax Reform